Washington / Bloomberg Delta Air Lines Inc., the second-largest U.S. carrier, is trimming planned growth in the second half of this year to help counter rising fuel prices and weak foreign economies. It’s also delaying deliveries of four wide-body aircraft. The carrier will hold expansion to less than 2 percent while reducing domestic capacity increases to 2.5 percent in …
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Taipei / Bloomberg Acer’s announcement that it will work with the Swedish games maker Starbreeze to produce a virtual-reality headset could be the ailing PC maker’s most brilliant move in years. Or it could be a colossal failure. According to their joint release, the companies plan to form a joint venture to design, make and sell the StarVR headset. …
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Moscow / AFP Moscow’s Aragvi restaurant — once the legendary haunt of KGB spies and cosmonauts — has reopened with its Soviet-era grandeur restored.The high-end eatery on the main Tverskayastreet, which opened in 1938 at the height of Stalin’s purges, has re-launched under the same name after a $20 million (17 million euros) restoration. The restaurant opened on the …
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Munich / DPA Everybody knows that environmental pollution is bad for animals and plants. But in Lake Constance, bordered by three European nations, the opposite is proving true. At moderate levels, some types of environmental pollution are nourishing for fish. Over the last 30 years, the lake wedged between Germany, Austria and Switzerland has become so clean that the …
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Our Correspondent / Emirates Business Green-Keeper Middle East, a division of UAE-based company FM Solution, is dedicated to make lawns instantly green with a 100 percent natural solution. The first of its kind in the region, Green-Keeper uses a product made in the US, which is non-toxic, biodegradable and perfectly safe for children, pets as well as the environment. …
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Our Correspondent / EMIRATES BUSINESS Mazola, the world’s favourite corn oil since 1911, has taken its heritage of quality, trust and value to other appealing food products including top quality sunflower oil, frying oil, olive oil, mayonnaise, ghee, and margarine. Mazola products for Middle East and North African markets are manufactured at the award winning Basateen Foods Saudi Arabia …
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Abu Dhabi / WAM In implementation of the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, directed the allocation of US$20 million to be invested in support of the small and medium enterprises sector …
Read More »SHARJAH / WAM Organised in partnership with Sharjah Business Women Council, the May edition of the Arabian Business StartUp Academy Sharjah Series will host Bel Pesce, founder of FazINOVA innovation and entrepreneurship school, and author of the popular e-book, ‘The Girl from Silicon Valley: How Entrepreneurship Can Change Lives’. Hosted at the Sharjah Chamber of Commerce and Industry, the …
Read More »DUBAI / WAM Dubai is set to host the 22nd edition of GCC Smart Government and Smart Cities Conference from May 21-25 at the Ritz-Carlton in Dubai with wide regional and international participation. Ali Al Kamali , president of the organising committee, said that preparations are on schedule for the conference which is being held under the theme, “Towards an …
Read More »DUBAI / WAM Dubai Land Department (DLD) reported a successful participation at Dubai Property Show, which concluded in London on Sunday. Taking a major stand at the exhibition, which ran from May13-15 in Great Britain’s capital, DLD reported a large number of visitors and investors inquiring about the opportunities to invest in Dubai’s burgeoning real estate market. DLD’s participation …
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